Guys, the contract data for $ZEC is pretty interesting 👀
Price is down 12.59%, but open interest is up 20.59% over the past 24 hours—that’s price down, open interest up! Looks like the bears are taking the lead, but if short positions get too crowded, a rebound could squeeze them!
Would you reduce your positions if a rebound comes?
Price is down 12.59%, but open interest is up 20.59% over the past 24 hours—that’s price down, open interest up! Looks like the bears are taking the lead, but if short positions get too crowded, a rebound could squeeze them!
Would you reduce your positions if a rebound comes?